Direct Digital Holdings, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 29.42 million compared to USD 12.9 million a year ago. Net income was USD 0.165855 million compared to net loss of USD 2.13 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 62.34 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to diluted loss per share from continuing operations of USD 62.34 a year ago.
For the full year, revenue was USD 88.04 million compared to USD 38.14 million a year ago. Net income was USD 2.92 million compared to net loss of USD 1.51 million a year ago.